As property management specialists based in Dublin, we understand the unique challenges that come with managing properties in the city. With over 35% of flats rented in Dublin city alone, property management in Dublin can be a complex and time-consuming task for landlords. Whether you’re a landlord living in the city or a landlord living in another part of Ireland or abroad, we’re here to tell you that managing your property doesn’t need to be stressful.
Hiring a property management company like Westcourt Management allows you to earn income from your property without any administration, so you can go about your day-to-day life knowing that it’s all in good hands. In this blog post, we will discuss what property management is, the benefits of property management, and the role of a property management agent.
What is Property Management?
Property management is the process of managing and maintaining a property, whether it be residential or commercial. This includes tasks such as finding tenants, collecting rent, and dealing with any maintenance issues that may arise. Property management also includes ensuring that the property is in compliance with all local laws and regulations.
What Are The Benefits of Property Management?
Property management is a game-changer for property owners. By taking on the burden of tasks like choosing the right tenants and handling legal and maintenance issues, it frees up time and reduces stress for property owners. But that’s just the tip of the iceberg; there are many more perks of property management services in Dublin that make it a smart choice.
- Quality of tenants: Property management companies ensure that tenants are thoroughly vetted and screened, which leads to higher quality tenants who pay rent on time and cause fewer issues for the neighbourhood. Find out more about dealing with difficult tenants & why you need a tenant selection plan.
- Efficient rent collection: They ensure that rent collection procedures are strict and efficient, which eliminates the need for landlords to chase for rent or follow up on late payments.
- Less legal processes: They handle tenant screening, contracts, complaints, evictions, and inspections, which eliminates the need for landlords to deal with legal processes themselves.
- Lower maintenance costs: They secure maintenance works at trade prices and do not add commission to the bill, which leads to lower maintenance costs for landlords.
- Less stress: By outsourcing property management tasks, landlords can focus on other things and lead a more stress-free life.
What Is The Role of a Property Management Agent?
A property management agent is a master of multitasking, taking on the role of a guardian for a property, ensuring everything runs smoothly on behalf of the property owner. They not only keep the property in tip-top shape but also ensure compliance with local laws and regulations. They act as a bridge between the property owner and tenants, swiftly addressing any concerns or queries that may arise and ensuring the property is being used appropriately.
How Much Does Property Management Cost in Dublin?
Investing in a property is a wise move – specifically, investing in a property management service in a city such as Dublin is a no-brainer. As all properties vary greatly, it is hard to state precisely what it costs. However, estimating 10% of your monthly rental income would be a safe bet and remember, that does not include any maintenance or legal fees that may be incurred.
If you are a property owner in Dublin and need a trusted property management company, please don’t hesitate to contact us
At WestCourt, we are experts in property management and lettings of residential and commercial buildings in Dublin city. With over 30 years of experience managing properties in the area, we’ve got a proven track record of success. From project managing multi-million euro restorations to managing over 200 apartments, we’ve done it all. We’re ready to take on your property management needs, whether it’s a new project or a small contract. Don’t let managing your property stress you out, let us help. Contact us today and see how we can assist you!